Land for auction - A part of Amburpet Villa - Vaniyambadi - Vellore by Indian Bank

The property is identified as mortgaged land admeasuring 7505 Sq. ft. of land together with buildings thereon, located in Amburpet Village, presently Vaniyambadi Municipal Town "D" Division, 1st Ward, Cutchery Road, Vaniyambadi Taluk, Vellore District, Tamil Nadu. It falls under Survey Ward C, Block 2, bearing New T.S. No.6/1 Part, T.S. No.7/1 Part and T.S. No. 15/1A part. The property is situated within the Registration District of Vellore and Sub-Registrar District of Vaniyambadi. The property type is Land and Building and it is categorized as Residential.

Indian Bank is conducting a SARFAESI auction for a residential property consisting of land and a building in Vaniyambadi Taluk, Vellore District, Tamil Nadu. The property, identified as Property No. 2, is mortgaged land measuring 7505 Sq. ft. with existing buildings. It is located in Amburpet Village, within Vaniyambadi Municipal Town "D" Division, 1st Ward, Cutchery Road. The property is comprised in Survey Ward C, Block 2, bearing New T.S. No.6/1 Part, T.S. No.7/1 Part, and T.S. No. 15/1A part. The auction is scheduled for February 20, 2025, from 11:00 AM to 4:00 PM. The reserve price is INR 14,300,000.00, with an Earnest Money Deposit (EMD) of INR 1,430,000.00. The application submission deadline is February 19, 2025, by 5:00 PM. The property was last sold via Sale Deed No. 5581 dated July 29, 2011. There are no prior encumbrances known to the bank. The property is in the name of Mr. S. Galeel Rahman & Mr. S. Sirajuddin and is associated with the borrower M/S. SAFA LEATHERS.